Police say the victim claimed a male had approached them and demanded money for a debt.

The accused then brandished a knife, causing the victim to had over a bag as collateral.

Police say the male suspect fled the area on foot.

Officers identified the suspect as a 17-year-old from Hanover.

The male youth was located and arrested yesterday.

Police say a knife was recovered from the accused.

Hanover Police also learned the youth was in possession of a stolen rifle and ammunition, taken from a vehicle parked in town.

Police recovered the rifle and ammo. As result, they pressed additional charges against the youth.

The 17-year-old male faces charges of robbery, possession of stolen property, unauthorized possession of a firearm, possession of a weapon obtained by crime, theft from motor vehicle and failing to comply with an earlier court order.

Police say the youth was taken for a bail hearing in Walkerton where he was remanded into custody pending his next court date.